2023
Exports
$795kWorld Rnk 58 / 115
Flag Rnk 606 / 1150
2023
PRODUCT COMPLEXITY IN Aluminium Wire
-0.61Rnk 737 / 1025
2023
Imports
$53.3MWorld Rnk 29 / 193
Flag Rnk 219 / 1192
2023
ECONOMIC COMPLEXITY of Colombia
0.23Rnk 51 / 132

About

Exports In 2023, Colombia exported $795k in Aluminium Wire, making it the 58th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 606th most exported product in Colombia. The main destination of Aluminium Wire exports from Colombia are: Mexico ($424k), Peru ($147k), Costa Rica ($80.6k), United States ($56.5k), and Ecuador ($36.4k).

The fastest growing export markets for Aluminium Wire of Colombia between 2022 and 2023 were Mexico ($409k), Costa Rica ($70k), and United States ($50k).

Imports In 2023, Colombia imported $53.3M in Aluminium Wire, becoming the 29th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 219th most imported product in Colombia. Colombia imports Aluminium Wire primarily from: Bahrain ($23.6M), India ($15.7M), Oman ($4.88M), China ($1.95M), and Brazil ($1.68M).

The fastest growing import markets in Aluminium Wire for Colombia between 2022 and 2023 were India ($11.8M), Brazil ($691k), and Switzerland ($305k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aluminium Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$795k
IMPORTS (2023)$53.3M
NET TRADE (2023)-$52.5M

In 2023, Colombia exported $795k in Aluminium Wire. The main destinations of Colombia exports on Aluminium Wire were Mexico ($424k), Peru ($147k), Costa Rica ($80.6k), United States ($56.5k), and Ecuador ($36.4k).

In 2023, Colombia imported $53.3M in Aluminium Wire, mainly from Bahrain ($23.6M), India ($15.7M), Oman ($4.88M), China ($1.95M), and Brazil ($1.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Colombia WERE (2022 - 2023):
Mexico$409k (2.71k%)
Costa Rica$70k (663%)
United States$50k (773%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Colombia WERE (2022 - 2023):
Peru-$266k (-64.3%)
Guatemala-$8.79k (-37%)
United Kingdom-$2.29k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Colombia's main exporting competitors in Aluminium Wire were:
In 2023, Colombia's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.7k
TOP IMPORT POTENTIALIndia+ $1.44M

Aluminium Wire’s highest export potential is United States. With an export gap of $40.7k.   Aluminium Wire’s highest import potential is India with an import gap of $1.44M.

See methodology.

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